Protean Small Cap

Protean Small Cap is an actively managed Special Fund that invests in small and medium-sized companies in the Nordic markets. The fund is not focused on any particular sector.

The investment perspective is primarily long-term, which is seen as 3 years, but the manager will also aim to identify situations that can generate good risk-adjusted returns even in a short-term perspective.  

The management strategy can generally be described as the managers seek to identify situations where there is an asymmetric risk; situations that may, for example, be considered to have a limited risk of loss of capital but a reasonable potential for increased value, or a large potential for increased value to a higher but still acceptable risk.

The portfolio managers base their assessments on fundamental analysis, meetings with company representatives, external analysis suppliers, market climate and ownership structure.  The portfolio managers do not pursue any specific investment style.

The fund’s benchmark is Carnegie Nordic Small Cap Return Index. 

In our Partner Letter from April 2023, “The first year. The second fund” (link) you can read more about our thoughts on investing as well as how the fund is different from Protean Select.

To optimize the fund's management volume and to safeguard the interests of investors, the AIFM has the right to decide to close the fund for subscriptions of new fund shares. Any decision to close can only be made if the fund's assets under management exceed SEK 4 billion, which the AIFM considers to be an optimal management volume given the fund's strategy and prevailing market situation.

The Protean Small Cap fund was launched on June 1, 2023.

Subscription and redemption calendar

The fund is open for monthly subscriptions and redemptions. The calendar below refers refers to NAV valuation month.

  • Subscription and Redemption

    2024-01-24 12:00

  • Subscription and Redemption

    2024-02-22 12:00

  • Subscription and Redemption

    2024-03-21 12:00

  • Subscription and Redemption

    2024-04-23 12:00

  • Subscription and Redemption

    2024-05-24 12:00

  • Subscription and Redemption

    2024-06-20 12:00

  • Subscription and Redemption

    2024-07-24 12:00

  • Subscription and Redemption

    2024-08-23 12:00

  • Subscription and Redemption

    2024-09-23 12:00

  • Subscription and Redemption

    2024-10-24 12:00

  • Subscription and Redemption

    2024-11-22 12:00

  • Subscription and Redemption

    2024-12-19 12:00

Cut-off times are in CET/CEST and refer to the deadline for when an order must be received by Wahlstedt & Partners AB, cut-off times applied by distributors prior to the official cut-off vary.

Invest via Nordnet, Avanza or directly at Wahlstedt & Partners

Before considering an investment please refer to the following documents (in Swedish):